The bankruptcy of the trading platform FTX has shaken the crypto scene. Whether she can recover from it, what is necessary for it and why one should separate between technology and gambling. It was a bankruptcy that dragged an entire industry into the abyss: After the bankruptcy of the second largest crypto exchange FTX, all…
An international gang may have harmed hundreds of thousands of investors with bogus crypto deals. The Spanish police have broken up the fraud ring after several years of investigations. After the collapse of the crypto exchange FTX, the industry has to cope with another depressing news. The Spanish police, in cooperation with the authorities in Germany and…
The insolvent crypto exchange FTX has apparently lost more than a billion dollars in customer funds. The company speaks of “unauthorized transactions” – the media suspect a hacker attack. Crypto exchange FTX is struggling after filing for bankruptcy with mysterious outflows of money after filing for bankruptcy. There were “unauthorized transactions,” said the legal counsel of FTX’s…
The troubles of FTX, a major digital currency trading platform, are causing turmoil across the industry. After failed rescue attempts, the crypto exchange is now insolvent. CEO Bankman-Fried resigns. After the bad news about FTX Digital Markets didn’t stop, the crypto exchange is now officially insolvent. After failed rescue attempts, the group applied for bankruptcy protection in the…
The troubles of FTX, a major digital currency trading platform, are causing turmoil across the industry. FTX is now on the brink of bankruptcy, with many customers worried about their money. The bad news about the ailing crypto exchange FTX does not stop. The Bahamian securities regulator announced on Thursday (local time) that it had frozen…
Is cryptocurrency a good protection against inflation? Bitcoin still owes proof of this. Most recently, the cryptocurrency fell back below the $20,000 mark. Last night, bitcoin once again had to give up the psychologically important mark of $20,000, which it has been struggling with since the summer. At the moment, the most important cryptocurrency is…
The Berlin Nuri Bank is insolvent. Around half a million customers have an account with fintech, which specializes in cryptocurrencies. What the case says about the problems in the industry. The message appears in a small, gray box on the homepage. “Nuri filed for bankruptcy on Tuesday, August 9, 2022,” says the Nuri Bank website. If you…
United States sanctions have weighed heavily on the Iranian economy for years. In order to circumvent them, the Islamic Republic now wants to carry out an import transaction with a cryptocurrency for the first time. Iran placed its first cryptocurrency import order this week, officials said. This is reported by the semi-official agency Tasnim. The order is…
Cryptocurrencies such as Bitcoin, Ethereum, or Solana are increasingly being used for money laundering. The EU is now countering this by being the first major economic region to regulate the crypto market. What is planned? Bitcoin fell from a price of over 48,000 euros in March to below 20,000. The trend continues to fall. The recent…
A year after the introduction of Bitcoin as a means of payment, hardly anyone in El Salvador uses cryptocurrency. Instead, the country’s problems have worsened, and “startup president” Bukele is governing unpredictably. Mónica Díaz cannot remember the last time a customer paid with Bitcoin. In her electronics shop in San Salvador, she accepts the cryptocurrency –…
